Is India ready for mobile money?

In India, cash is king. And so, despite the telecoms boom, paying bills or transferring money through your phone hasn't grown very fast.

PayTM is one of the country' s biggest mobile money businesses. You can use its app to pay for taxis, buy cinema tickets and do online shopping.

Pratiksha Ghildial asked chief executive Vijay Shekhar Sharma if the technology was going to catch on.